Bitcoin price is going up again on Wednesday, extending Tuesday’s monster rally of over 15%. Early Tuesday morning, BTC ballooned to about $5,080, breaking its long-term resistance level of $4,200. For months now since its infamous crash last year, BTC has struggled to surpass the $4,200 mark, and this begs the question as to whether…
It’s a bullish day in the cryptosphere. Paypal makes a blockchain investment and Bitcoin jumps above $5,079 USD. Bitcoin Jump: April Fool’s Joke? Bitcoin gained 21% in early trade and has now slightly corrected back down to $4,712 according to CoinMarketCap. However, no one knows why the Bitcoin jump happened in the first place. Now,…
It has been a while since we last saw a major Bitcoin price increase, but Tuesday seems to be a big day for crypto traders as BTC jumped over 20% to cross the physiological mark of $5000 on the Luxembourg-based Bitstamp exchange. Other virtual currencies also rose, with Ethereum (ETH) and Bitcoin Cash (BCH) climbing…
Where Bitcoin (BTC) goes, the rest of the crypto market tends to follow. And with the top ten in green, it stands to reason that Bitcoin price is also faring nicely. In fact, BTC price as of late has been giving investors food for thought. The first three months of 2019 have seen the coin…
The cult of cryptocurrencies is rising with each passing day. But to understand the reason behind this, it is quintessential to know what exactly is cryptocurrency? Cryptocurrencies are digital currencies set up by groups of individuals and secured using cryptography. It is basically a form of digital ledger. Usually, cryptocurrencies are based on the technology…
Bitmain Technologies has abandoned its IPO enthusiasm after the company’s Hong Kong stock market proposal listing expired earlier this week, sparking debate on the future of the entire cryptocurrency market. The company did say that it plans to reapply at an appropriate time in the future, saying that “despite the huge potential of the cryptocurrency…
Weiss Cryptocurrency Ratings released its March 2019 “Weiss Cryptocurrency Outlook” report, with Ripple (XRP), EOS, Bitcoin (BTC), and Binance Coin (BNB) receiving the top four spots on the list of 122 cryptocurrencies. Weiss Ratings is the world’s only financial rating agency that provides grades on cryptocurrencies. The report, which is called “Dark Shadows with a Bright…
According to Medium, Bitcoin and other cryptocurrencies will be able to be sent through the WhatsApp messaging service. A new crypto wallet service developed by Wuabit will mean the sending of crypto via WhatsApp. Wuabit The Wuabit service will give users access to their tokens through WhatsApp. In essence, the wallet will appear linked to…
Blockchain technology has many uses. Mostly synonymous with the financial sector and for crypto trading, it might surprise some to learn that the fashion industry has found a clever use for the technology. Dubbed the AURA blockchain, luxury brand conglomerate and owner of the Louis Vuitton fashion label, LVMH, has developed the LVMH blockchain. The…
Malta-based crypto exchange OKEx has announced plans for its own decentralized exchange or DEX on its own blockchain. The company made the announcement on Friday detailing the OKEx blockchain. OKEx Blockchain: OKChain According to a release on Medium, the company detailed how its operations team has been developing a blockchain called OKChain. The blockchain will be…
